Sign In
Pricing

841911 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.95BRnk 1517 / 4648
2022
Top Exporter | Top Importer $649M | $863MJapan | United States
2022
Product Complexity 0.24Rnk 2111 / 4653
2021 - 2022
Export Growth (CAGR) 4.86%Rnk 2246 / 4648
2022
Share of World Trade 0.0082%Rnk 1517 / 4648

About

Overview This page contains the latest trade data of Instantaneous gas water heaters. In 2022, Instantaneous gas water heaters were the world's 1517th most traded product, with a total trade of $1.95B. Between 2021 and 2022 the exports of Instantaneous gas water heaters grew by 4.86%, from $1.86B to $1.95B. Trade in Instantaneous gas water heaters represent 0.0082% of total world trade.

Instantaneous gas water heaters are a part of Other Heating Machinery.

Exports In 2022 the top exporters of Instantaneous gas water heaters  were Japan ($649M), China ($406M), South Korea ($321M), United States ($152M), and Mexico ($146M).

Imports In 2022 the top importers of Instantaneous gas water heaters were United States ($863M), Mexico ($202M), Canada ($129M), Australia ($114M), and Italy ($60.3M).

Ranking Instantaneous gas water heaters ranks 2111th in the Product Complexity Index (PCI).

Description Instantaneous gas water heaters are typically used for commercial buildings, and some private residences. They provide a continuous flow of hot water in a tankless system, which eliminates the need for a storage tank. Instantaneous water heaters can save up to 40% of the energy required by a storage tank water heater. They are also capable of delivering a higher temperature water, which can be more effective on a certain cleaning job.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Instantaneous gas water heaters. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2022)Japan$649M
Top Destination (2022)United States$863M

In 2022 Instantaneous gas water heaters were the world's 1517th most traded product (out of 4,648).

In 2022, the top exporters of Instantaneous gas water heaters were Japan ($649M), China ($406M), South Korea ($321M), United States ($152M), and Mexico ($146M).

In 2022, the top importers of Instantaneous gas water heaters were United States ($863M), Mexico ($202M), Canada ($129M), Australia ($114M), and Italy ($60.3M).

Explore Visualizations

Exporters of Instantaneous gas water heaters (2022)
[Click to Select a Country]

Importers of Instantaneous gas water heaters (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$84.8M
Top Destination Growth (2021 -  2022)United States$115M

Between 2021 and 2022, the exports of Instantaneous gas water heaters grew the fastest in Japan ($84.8M), United States ($50.5M), Mexico ($38.8M), Malaysia ($4.05M), and United Kingdom ($3.38M).

Between 2021 and 2022, the fastest growing importers of Instantaneous gas water heaters were United States ($115M), Mexico ($58.4M), Australia ($25.9M), Lebanon ($10.7M), and Kuwait ($9.97M).

Explore Visualizations

Exporters of Instantaneous gas water heaters (2021 - 2022)

Importers of Instantaneous gas water heaters (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Instantaneous gas water heaters.

In 2022, market concentration measured using Shannon Entropy, was 2.94. This means that most of the exports of Instantaneous gas water heaters are explained by 7 countries.

Explore Visualizations

Value of Exports in Instantaneous gas water heaters

Net Trade

TOP NET EXPORTER (2022)Japan$610M
TOP NET IMPORTER (2022)United States$711M

This map shows which countries export or import more of Instantaneous gas water heaters. Each country is colored based on the difference in exports and imports of Instantaneous gas water heaters during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Instantaneous gas water heaters were Japan ($610M), China ($369M), South Korea ($318M), Portugal ($79.4M), and Turkey ($10.6M).

In 2022, the countries that had a largest trade value in imports than in exports of Instantaneous gas water heaters were United States ($711M), Canada ($128M), Australia ($113M), Mexico ($56.1M), and Spain ($44.1M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Instantaneous gas water heaters.
It is possible to select the main countries that export or import Instantaneous gas water heaters in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Instantaneous gas water heaters by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms